Photopolymer Resin Market : 2017-2022

Reports And Markets Publish a New Market Research Report On –"Photopolymer Resin Market - Segmented by Type, End-User Industry and Geography - Trends and Forecasts (2017 - 2022)"

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The global photopolymer resin market, which is at an evolving stage, was estimated to be USD xx.x million in 2015 and is projected to reach USD xx.x million by 2020 at a CAGR of xx.x% during the forecast period (2017 - 2022). On exposure to UV or visible light, photopolymer resins alter their structure by forming new bonds between the molecules; this property can be attributed to the photo initiators.

Exposure of liquid photopolymer resin to UV or visible light often results in hardening of the polymer due to the bonds formed. This process of hardening is termed as curing.

Photopolymers have a wide range of applications in 3D printing, healthcare and lithography. Photopolymers have been used for a considerable amount of time, especially in fine printing. Recent technological developments have led to wide adaptation of photopolymers in 3D printing, lithography and healthcare. The healthcare sector is exploring various uses of photopolymers in the production of catheters, surgical masks, and dental composites, among others.

3D printing is a burgeoning field with tremendous potential and this is expected to augment the growth of the photopolymer resin market. Moreover, with technological advancements, application of photopolymer resins is increasing in healthcare. Minimally-intrusive surgery and implantation can be performed with the help of photopolymer resins. The high cost and low awareness about photopolymer resins are significant restraints to the global photopolymer resin market.

The market has been geographically segmented into Asia-Pacific, North America, Europe, South America and Middle East and Africa. North America and Europe (followed by Asia-Pacific and the Middle East) are the major markets in terms of consumption. The high usage of these resins in North America and Europe can be attributed to the increasing expenditure for research and the high penetration of technology.

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Asia-pacific is expected to grow at the fastest rate, especially due to urbanization in the developing countries of China and India, and due to market potential in Japan and Australia. By chemicals used, the market is segmented into onium salts, organometallic, pyridinium salts, oligomers and monomers, among others.

Company profiles of the major photopolymer resin manufacturers have been discussed in this study. These include Anderson & Vreeland, Chemence, DSM, Flint Group, Formlabs, KIVI MARKINGS, MacDermid Incorporated, Nitto Denko Corporation, Photocentric Ltd, and Polydiam Industries, among others.

Key Deliverables in the Study

Market analysis for the Global Photopolymer Resin Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global Photopolymer Resin market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights of the market in the regions that have the highest potential for growth and also identify the markets that are still untapped.

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